OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

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FDIC AUCTION FOR SVB SAID TO BE UNDERWAY, FINAL BIDS DUE SUNDAY-BBG
 
Damn man, one of my boys just left state street 6 months ago or so to take a job at SVB
 
Its time to move to a 4% inflation target too. When are we going to get to 2% if the fed is going to inject money into the system again? 2% isnt feasible for the rest of the decade.
 
This whole thing is rigged. I don’t have any short positions but I wanted to see new lows.
 
Two banks die in two days, but theres no contagion. OK.

First Republic is done by the end of the week.

Its time to tax people for real. Billionaire Tax, no more carried interest benefit. Do it. Thats the lever you pull to fight inflation.
 
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Two banks die in two days, but theres no contagion. OK.

First Republic is done by the end of the week.

Its time to tax people for real. Billionaire Tax, no more carried interest benefit. Do it.
Wouldn't have expected news on a Sunday. First Republic in the next few days, then who?
 
SVB drama not over just yet. Their website is barely usable to funds theoretically there but until we’ve got them with another bank, I don’t trust em

- from a founder
Got all my company funds out this afternoon, a large amount with no issues
 
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